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that no congress has ever used the fiscal cliff. usual through debt ceiling as a bargaining point, which is what happened last year. this never dealt with. >> what would happen if the congress said no? the president would be forced to operate the federal government in money available to him. >> nobody said that to ronald reagan or the first george busher second george bush. >> democrats voted against raising the debt ceiling. >> but nobody has ever, ever stopped it and made it a point of then fiscal negotiation. only happened once. >> we have never been in treacherous, perilous fiscal circumstances as today. >> bret: top senate republican calling it quits was here on the set with us. the all-stars weigh in on that. surprising development next. initiated. neural speeds increasing to 4g lte. brain upgrading to a quad-core processor. predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. [ female announcer ] some people like to pretend a flood could never happen to them. and that their homeowners insurance prot
? >> on the fiscal cliff or the debt ceiling? >> on the debt ceiling. >> i was very interested by your reporting. that you took a really strong position there. i do think the white house has been transformed. both by the experience with the debt ceiling and with the election. i think if they want to stand their ground, i think they can actually do it. i think that that is, in fact, possible. can they? you know, we'll see. they seem a lot tougher now than they were last time around. don't you think? >> they sound very tough now. chrystia freeland of thomson, and author of "the plutocrats." >>> i promised, red lobster, olive garden, timely for both, and i will deliver. that is ahead. ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 c250 for $349 a month at your local mercedes-benz dealer. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter
: if this is not addressed in the fiscal cliff debate, will it come up in the debt ceiling debate? guest: all of this depends on how the fiscal cliff sorts itself out. yesterday, you have senators say we want on income benefits extended. if the fiscal cliff debate is only limited to tax rates and deficit reduction, and not the debt ceiling, this will come up again. president obama once the debt ceiling to be part of this agreement. the reason why is simple, because that is where republicans have leverage in february. he needs republicans to extend the debt ceiling for the government to function with all going into default. republicans know this, and in theory they could separate the two to maximize their leverage. host: time for a couple more calls in this segment of the "washington journal," we will continue the unemployment insurance discussion in the following segment. laura is in louisville, kentucky, on the independent line. caller: good morning. what bothers me is when people say they actually can not find work and they have been on unemployment for 20 months, whatever they can get, and i will tell you
. here we go with the fiscal cliff and the debt and now they vote down the disabilities act right in front of bob dole in a real wheelchair. we're just like wow. >> absolutely. if anyone wants to make a music video using this song as the background alluding to all of that stuff you're talking about you know, i'm not going to say no. >> stephanie: there you go. >> i can't speak for viacom's lawyers. >> stephanie: no. >> but i'm not going to say no. >> stephanie: here's a fun fact. co-wrote ten of the album songs. who is so handsome and rowic and talented. >> thank you. >> don't be a jerk dates from 2009. the joe wilson thing was happening. it just seemed like rudeness and you know, the lack of manners and civil discourses breaking down. you know, my cowriter, andy and i came up with this phrase, how about a song don't be a jerk, it's christmas. it wasn't jerk as you know, stephanie. it begins with a d and ends with a k and ends with flick but -- >> stephanie: yes. >> three years later it is a whole spongebo
prepared to go over the fiscal cliff? >> oh, absolutely. >> alan simpson co-chair of the president's debt commission, says both sides are making a high stakes gamble. >> when you have leaders of parties and people of the administration saying, i think it will be to the advantage of the democrats to go off the cliff, i think it will be advantage to the republicans to go off the cliff, or the president to go off the cliff, that's like betting your country. there's stupidity involved in that. >>> syria on the bring. secretary of state hillary clinton holds emergency talks with russia as u.s. officials confirm reports that the syrian military is prepared to launch chemical weapons against its own people. >> we've made it very clear what our position is with respect to chemical weapons and i think we will discuss that and many other aspects. >> the whole world is watching. the whole world is watching very closely. and the president of the united states has made very clear that there will be consequences. >> plus, sharp criticism from afghan president karzai. the exclusive nbc interview. why he
in place. and it recalls that fiscal cliff, but the deal of made a year and a half ago, the republicans, democrats and president signed off on this, allowing tax increases to go back in place. and they signed on to half a trillion in cuts, in domestic programs and half a trillion in defense, understand what this is as a conservative, defense is 16% of the budget. other 84% gets half a trillion, defense getting half a trillion. the democrats are welcoming this to happen. >> the guy who ran second to mitt romney, many argue now with -- i think this is -- republicans are running with tail between their legs, and they are a lighter blue. >> they are referred to as cheap democrats. neil: you are persona nongratta now. or party we knew is gone. >> i'm hoping that is not the case. i'm hoping we'll have new members come in. and you know, we -- just saw it, i got involved in not a fiscal thing but it had to do with a u.n. treaty that the left's to s to hoist on u.s. that thing was going to pass, we got involved, an organization that i run, patriot voices, we stirred up the pot, got people to pay
the president can permit the economy to fall over the fiscal cliff, or curb, whatever you want to call it, he can't allow us to default on our debt. that would, like, destroy the economy. that gives republicans a stronger hand or so they think. but really, think about that. here's how it would go. later this month, republicans would, by voting present, which everyone would think was a bit weird, permit the bush tax cuts to expire for income over $250,000. that would let president obama pocket $1 trillion in tax revenue and secure a win on his key priority in the talks. but they would do nothing else. at the end of the year, we would still go over the fiscal cliff. remember, the bush tax cuts are one of the at least stimulative policies in the negotiations. according to the economic policy institute, extending the middle class tax cuts would wipe out only about 11% of the austerity's economic impact. 11%. but all that other stuff, the payroll tax cut, the unemployment insurance, the sequester, all that, that would still be expiring. so come early next year, the economy would likely be entering
. in july 2011 there was the debt ceiling debate and they set up this fiscal cliff for themselves because they knew that they only act in a crisis situation. so they set up this crisis and the question is whether they now have this cliff, are they going to actually move the cliff because they can't even act in a crisis. that is their own doing. i mean -- >> not much time left. >> gloria, thanks very much. >> yep. >> one of the biggest guessing games here in washington is who will replace treasury secretary timothy geithner. i'm going to ask robert ruben who should get the vital job. >>> also, we're going live to egypt. we're going to find out why massive protests have broken out again. you're looking at live pictures coming in from cairo. [ male announcer ] when was the last time something made your jaw drop? campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. it's so great to see you. you, too! oh, cloudy glasses. you didn't have to come over! actuall
is standing in the way now of a fiscal cliff solution. we're back in two. >>> it wasn't until the debt ceiling lauz but born with an . >> you know, i beg to differ, mr. president. to me, i understand the use of its is a weapon but to me the real problem isn't the debt ceiling. it's the debt. the debt is the problem. you know, to have an unlimited amount of money to call upon is too much power power for one person. it's always in our country been about checks and balances but i think this administration just wants more checks and no balancing of the checkbook. that isn't the kind of check and balance that i think the people that wrote the constitution had in mind. now, let's look at it a different way, when we think of, you know, some good entertainment, there's, you know, bob hope, the road to morocco, the road to singapore. i don't think that we want to have a movie someday called the road to the weimar republic because bob hope was in the old movies. there's no hope in that new movie and i think this issue really has to be discussed. now i understand there's issues about compromise and every
fiasco surrounding the fiscal cliff. stay with us. but they haven't experienced extra strength bayer advanced aspirin. in fact, in a recent survey, 95% of people who tried it agreed that it relieved their headache fast. visit today for a special trial offer. the distances aren't getting shorter. ♪ the trucks are going farther. the new 2013 ram 1500. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. >>> president obama is taking his fiscal cliff plan to the people. will republicans buckle under public pressure? msnbc's political analyst michael eric dyson and democratic strategist donna genteel-o'donnell will weigh in on that tonight. >>> the ceo of apple makes a big announcement about the future of the company's products. e.j. dionne on the political impact of that later. we'll be right back. oh, cloudy glasses. you didn't have to come over! actually, honey, i think i did... oh? you did? whoa, ladies, easy. hi. cascade kitchen counselor. we can help avoid this with cascade complete pacs. see, over time, casca
fiasco surrounding the fiscal cliff. stay with us. he's going to apply testosterone to his underarm. axiron, the only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these signs and symptoms to your doctor if they occur. tell your doctor about all medical conditions and medications. do not use if you have prostate or breast cancer. serious side effects could include increased risk of prostate cancer; worsening prostate symptoms; decreased sperm count; ankle, feet, or body swelling; enlarged or painful breasts; problems breathing while sleeping; and blood clots in the legs. common side effects include skin redness or irritation where applied, increased red blood cell count, headache, diarrhea, vomiting, and
fiasco surrounding the fiscal cliff. >>> president obama is taking his fiscal cliff plan to the people. will republicans buckle under public pressure? msnbc's political analyst michael eric dyson and democratic strategist donna gentile-o'donnell will weigh in on that tonight. >>> welcome back to "the ed show." president obama has put house speaker john boehner and republicans in a box on fiscal cliff negotiations. and the evidence is mounting. president obama stayed on offense today, visiting the santana family in northern virginia whose taxes will go up more than $4,000 in 2013 if middle class tax cuts aren't extended. >> i'm encouraged to see that there's been some discussion on the part of republicans acknowledging the need for additional revenue. as i've indicated, the only way to get the kind of revenue for a balanced deficit reduction plan is to make sure that we're also modestly increasing rates for people who can afford it. folks like me. just to be clear, i'm not going to sign any package that somehow prevents the top rate from going up for folks at the top 2%. >> the concerte
the analysis of the fiscal cliff impact was too rosy? >> projections are very difficult. it's very difficult to take into account the effect on confidence. as i said, consumers have been confident. they've maintained that confidence. but look at what happened during the debt limit debacle a year ago august. look at how the economy came to a grinding halt at that point. >> and that's your fear that the cliff could just freeze consume earp confidence and that's something you can't right now project as an economist? >> no one wants to go over the fiscal cliff. worse would be for the president to sign a bad bill. >> all right. alan krueger, chairman of the president's counscil on economi advisers. mr. krueger, nice to see you that month. i'll see you next month, i promise. >> thank you, chuck. >>> trivia time, jim demint's decision to step down 0 means south carolina will have two seats on the ballot in 2014. who was elected the last time both of south carolina's senate seats were on the ballot in the same election? strom thurmond, of course, and the longest serving junior senator perhaps in the
for the power transfer in a most recent and main proposal last week on the fiscal cliff. >>> now no john mcafee. the millionaire software guru wanted in questioning in the neighbor's murder in belize. maybe you heard mcafee. got arrested in guatemala overnight. shouldn't come as much of a surprise here. the whole time supposedly on the run, he was handing out tv interviews like candy. but listen to this. now the mcafee is in jail, he is blogging from behind bars. the story just keeps getting more interesting, shall we say? more on the blogging here in a moment. but first, i have to play you this video. this is the video of his arrest. surprise-surprise. he was with a camera crew from when guatemalan police took him in. the charge, entering that country illegally. take a look here. exclusive video of >> they're trying to arrest me. guatemalan jails have beds. >> john, where are you going? >> to jail. >> when will you be out? >> and off he goes. to think, just yesterday, mcafee was telling us he was seeking asylum in guatemala. been on the run since 10th of november for tha
of the fiscal cliff, higher taxes on everybody. one thing that will happen without an agreement, all the bush tax rates go away, so everyone's taxes are going to go up. you'll see that emphasized over the next couple weeks. you'll hear the white house talk about what a bad situation there will be after january 1 if this deal is not cut. >> david jackson, "usa today," shira toeplitz, "roll call." we appreciate your time so much we'll talk to you later in the hour as well. >> thank you. >>> the last remaining house race of the 2012 election cycle is pabt to come to a close. in louisiana, republican congressman charles boustany jr., jeff landry facing off in a runoff election. they were forced to run in the same district in bayou because of the state's shrinking congressional delegation. both conservative republicans, landry a tea party freshman. we'll keep you abreast of what happens. >>> meanwhile, high drama about to surround the high court as the justices agree to take on the high-stakes issue of same-sex marriage. ♪ >>> the man with that most-watched youtube video of all time due to perfo
have no idea how we're going to pay for them. we have a fiscal cliff which we describe now that everybody's talking about at the end of this year, that's not the cliff. the cliff is the unsustainable debt we have. and unless, in my estimation, a lot of economists, you're not going to put us on a path to prosperity unless you take about $9 trillion out over the next ten years. and we're barely talking $4 trillion. >> yeah, nobody's talking $9 trillion. >> yeah. and $9 trillion is the only thing that actually solves this. so we're sitting here as a country, we have made commitments that have to be rearranged and made more efficient. we have a tax structure that is subpar to what we need for our economy in terms of our historical averages. and nobody's talking long run. everybody's talking december 31st. >> i know. you see john boehner's proposal, he was very critical of the president's proposaproposal, it nonstarter, but boehner comes out talking cutting $2.2 trillion. you talk about $9 trillion needed over the next ten years. look at the past four years. we've almost added $
Search Results 0 to 26 of about 27 (some duplicates have been removed)